GHG Net Debt

GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share · Net Debt

GHG Net Debt

Latest reported-¥186.35M CNYperiod endingDec 31, 2025

GHG FY Net Debt · CNY (-¥505.86M → -¥186.35M)

Annual net debt

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GHG net debt history

Annual fiscal periods · CNY. Dates are reporting period ends; fiscal years can differ from calendar years.

GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share Net Debt — Annual fiscal periods (CNY)

Period ending	Net Debt (CNY)
Dec 31, 2025	-186,349,629
Dec 31, 2024	223,503,757
Dec 31, 2023	1,067,698,607
Dec 31, 2022	1,547,831,509
Dec 31, 2021	409,571,291
Dec 31, 2020	-461,358,209
Dec 31, 2019	-259,847,701
Dec 31, 2018	-1,204,025,785
Dec 31, 2017	-161,963,665
Dec 31, 2016	-896,782,935
Dec 31, 2015	-505,856,520